TotalEnergies plans to start phase two output at Azerbaijan's Absheron gas field in 2029

Core Insights - TotalEnergies plans to commence production from the second phase of the Absheron gas field in Azerbaijan on September 1, 2029 [1][2] Group 1: Project Details - The Absheron gas field is located approximately 100 kilometers (62 miles) southeast of Baku [2] - The first phase of development began production in July 2023, targeting an output of around 4.2 million cubic meters of gas per day and approximately 12,800 barrels of condensate [2] - The second phase is expected to achieve peak daily gas production of about 12.7 million cubic meters and condensate production of around 35,000 barrels per day [3] Group 2: Field Characteristics - The Absheron field, discovered in 1960, is estimated to contain around 350 billion cubic meters of gas, making it the second-largest gas field in the Caspian Sea after the Shah Deniz gas field [3] - The development agreement for the Absheron field was signed in 2009, with TotalEnergies and SOCAR each holding a 35% stake, while the remaining 30% is owned by Abu Dhabi National Oil Company, which joined the consortium in August 2025 [4]